MGM Resorts International Stock Rises on Lifted BetMGM Outlook [Yahoo! Finance]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: Yahoo! Finance
casino operator and London-traded firm Entain lifted their full-year outlook for their co-owned BetMGM sports betting and iGaming operator. "BetMGM's positive momentum seen during 1Q 2025 has continued for the period 2Q 2025 to June 13, 2025, with strong Net Revenue growth across both iGaming and Online Sports, driven by handle growth," MGM and Entain said. The firms added that trading "is broadly consistent with" the 34% year-over-year revenue growth in the first quarter. As a result, the companies now expect BetMGM's fiscal 2025 revenue of "at least $2.6 billion," up from the prior outlook range of $2.4 billion to $2.5 billion, and EBITDA of "at least $100 million," compared to "EBITDA positive" previously. The news also lifted shares of gaming rivals Wynn Resorts ( WYNN ) and Las Vegas Sands ( LVS ) on Monday. They both were up roughly 5% in recent trading, joining MGM Resorts International among the top S&P 500 gainers. Read the original article on Investopedia
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News
- Vegas feels chill as Canadians cut back on travel [Yahoo! Finance Canada]Yahoo! Finance Canada
- MGM Resorts International (NYSE:MGM) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- MGM RESORTS INTERNATIONAL ANNOUNCES NEW LONG TERM BRANDING AGREEMENT WITH MGM CHINAPR Newswire
- MGM Resorts International (NYSE:MGM) was given a new $38.00 price target on by analysts at Barclays PLC. They now have a "negative" rating on the stock.MarketBeat
- MGM RESORTS REACHES RESPONSIBLE GAMING MILESTONE BY SURPASSING 2,000 GAMESENSE ADVISORSPR Newswire
MGM
Earnings
- 10/29/25 - Miss
MGM
Sec Filings
- 12/9/25 - Form 4
- 12/9/25 - Form SCHEDULE
- 12/3/25 - Form 4
- MGM's page on the SEC website